Legal Question in Wills and Trusts in Massachusetts
My brother, sister and myself were named on an annuity that my dad set up. The day of his death his girlfriend withdrew money from our annuity. Is that legal?
Asked on 10/17/14, 2:56 pm
1 Answer from Attorneys
The question is what rights did she have to make the withdrawal?
If she made the withdrawal under a power of attorney or as an authorized person on the account, then she needs to indicate what the purpose of the withdrawal was.
Likewise, if the funds were not withdrawn for a proper purpose, then she needs to repay the money to the annuity or you, your brother and your sister.
More information is needed to know how you should proceed.
I suggest you contact an attorney in your area to discuss the matter.
Answered on 10/17/14, 3:05 pm
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